Crypto Trading

The promotion of the cryptocurrency to be utilized as a payment means for Japan’s huge public transportation system in being championed by the exchange DeCurret. However, the exchange has just restructured its capital. On Apr. 10, the exchange released a press release announcing the issuing of new shares valued at 2.75 billion yen (about $25 million) in a third-party shares allocation. The firm is planning to utilize the capital towards the enhancement of transaction services for existing virtual currencies and expanding digital…

Regarding trading, fundamental and technical trading is the primary schools of thought before approaching any market. Although both methods are at opposite ends of the spectrum, they are still used to forecast and research future cryptocurrency prices. They also have their advocates and adversaries, just like any investment strategy. Let's have a more in-depth look at the two. Fundamental Trading Fundamental trading is a method that involves evaluating the economic well-being of a country and, by extension, the currency. It…

There is a good reason for the growing hype about quantitative trading in crypto, mainly because it efficiently combines past market data with accurate mathematical algorithms. By analyzing historical data of a market, quantitative investors can shape formulas that have proven to predict future crypto market movement. There is excellent success in quantitative trading, as it relies on the thorough development of specific formulas. And applying these formulas to automated algorithms carefully avoids the psychological defects of being human. Why Use…

A remarkable software flaw in the Decentralized exchange (DEX) Bisq allowed a hacker to steal cryptocurrency worth over $250k from users. The exchange promptly stopped trading yesterday night upon discovering the critical security risk. Bisq hasn't mentioned the specific flaw and is yet to ascertain the safety of users’ funds. The exchange phrases the action taking with regards to the theft as unprecedented. The exchange states that the hacker made away with 3 Bitcoins and 4,000 Monero (XMR) from 7…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $191 billion. Bitcoin price finally ends the week in the green. Ethereum value increases by 15% in total more than the previous week. XRP rises to $0.18 and continues its steady ascension Binance has acquired CoinMarketCap, the biggest crypto data aggregator. Most of the top-20 altcoins trade in green throughout the week COVID-19 has…

Although cryptocurrency trading may sound profitable with a promise of a financial freedom breakthrough, it is not all that realistic for newbies promising, thanks to the enormous risk it poses due to insane volatility. In addition, Crypto trading requires extensive trading knowledge and trading experience. You'll need the skills to read and analyze trading charts, analyze analytics reports, understand reports, and keep up with news trends. This may be challenging for beginners, but they can employ social trading to catch…

Bitcoin's massive market crash in March rocked the whole crypto market. It introduced a long period of volatility. Consequently, several altcoins plummeted too. Things were different, though for stablecoins that experienced impressive gains over Bitcoin (BTC). Hedging Against BTC Many crypto traders entered the stablecoin market to hedge against Bitcoin's increasing volatility. Tether, the popular and highly controversial stablecoin dominated transactions. According to BitMEX, the BTC/USDT trading almost tripled in March (21.6 million BTC). It had previously reached a value…

Recently, a renowned Chinese financial watchdog, the National Internet Finance Association of China (NIFA), warned against the increasing cryptocurrency investment risks. Its data analysis reveals that overseas crypto trading platforms usually fake trading volumes. Additionally, some trading platforms compare digital currencies to safe-haven assets like gold. The association also did a sampling analysis on trading data on some crypto exchanges and found out that the daily trading turnover rate for over 40 coins exceeds 100%. However, the daily turnover rate…

Singapore is one of the leading countries when it comes to cryptocurrency adoption. As such, it is no surprise that the country is home to several trading exchange platforms.  Bitget.com is one such exchange that has its headquarters in Singapore. However, the digital asset trading platform serves users across the world.  Like any other trading platform, it is necessary to get into the full details before joining Bitget.com. For this reason, we went into all the trouble to provide a…